Economic Collapse!

when will it happen

 

I would give it about two years. I think they're going to prolong it as long as they can, until around 2010. I don't think they're going to want too much chaos up until that point.

 

2 years is to long.

 

Too long? Not really. Their goal is to destroy the currency, so they can easily just keep adding liquidity to the markets and cutting interest rates as they've been doing, which further erodes the value of the dollar. They will keep doing this until the dollar is worth literally nothing. So I say two years, absent some "surprise" event.

 

doubt we have 1 year
hoping we have at least 6 months though

 

7 years 3 months 16 days

 

and 4 hours, 12 minutes and 5.2 seconds

 

remove the and and your closer

its already begun

the only question is when will it be complete

 

5 or 6 million years

 

huh?

 

god lets hope we evolve beyond the need for money by then

 

I don't understand these economists, they are so full of shit. Inflation and economic growth. What's growth got to do with using up the world resources at an alarming rate and turning them into machines that will end up becoming obsolete when we can't generate enough power to run them? Growth of a tumor more like, capitalism is a dead end social and environmental impasse.

 

Recessions are unavoidable in any economy

 

I gotta agree on it's already happening, I don't think there will be a completion but I think summer/fall of next year it will be official, undeniable and reach it's peak.

 

Alternative ideas to cash are already being tossed around. Talk of having everything become electronic funds and shit.

That will be the official beginning to the end in mine eyes. I don't trust money that I can't hide. . .

 

I think doing away with money altogether will be the turning point on a new society. Taking responsibility for ourselves will necessitate the means for symbolic exchanges that we imagine value for.

 

So you think we'll eventually be more socialist than capitalist?

 

Im going to say less then a year.

 

But it won't be for the good of the people. If everything is automated and paper money is done away with, as is their plan, then any dissenters can be punished by having their cards (or, more likely, chips) turned off. It will be another way of controlling and tracking the population.

 

It's already happening. A lot in the U.S. depends on the government's ability to continually bail out its crumbling financial infrastructure. I voted within months but it could be as much as a year or so.